Dickinson County Granted $200,000 for Household Rehabilitation
Iron Mountain Michigan State Housing Development Authority (MSHDA) Executive Director Keith Molin recently announced funding for $200,000 for rehabilitation for homes in the county of Dickinson. The funding for this project is available through HOME Targeted Revitalization Fund and will be administered by MSHDA's office of Community Development.
"The pride of Michigan is represented by each of our communities," said Molin. "The funding provided through these grants will allow communities like Iron Mountain to grow and thrive and create new economic and job opportunities."
U.P. Community Services will use grant funds for their homebuyer purchase rehabilitation program to assist seven (7) households at or below 80% of the area median income. Potential properties must be located within the recognized city limits of Irion Mountain, Kingsford and Iron River
MSHDA's vision in the 21st century is to improve the quality of life for all Michigan residents and create vibrant communities by focusing on providing safe, affordable housing through homeownership and rental programs; ending homelessness; and revitalizing neighborhoods and downtowns. MSHDA's loans and operating expenses are financed through the sale of tax-exempt and taxable bonds and notes to private investors, not from state tax revenues. For information on this and other MSHDA programs, visit the Web site at www.michigan.gov/mshda.
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